Bay Economic Zone
Bay Economic Zone is a Special Economic Zone located in Konabari, Bangladesh, established in 2017, with Invest Bangladesh Authority (BEZA merged into it with BIDA and PPPA on 20 Aug 2026, Invest Bangladesh Act 2026) listed as its governing authority.
Key Facts
| Type | Special Economic Zone |
|---|---|
| Location | Konabari, Bangladesh |
| Year Established | 2017 |
| Area | 65.0 hectares |
| Companies | 6 |
| Governing Authority | Invest Bangladesh Authority (BEZA merged into it with BIDA and PPPA on 20 Aug 2026, Invest Bangladesh Act 2026) |
Recorded Benefits and Incentives
10-year regressive income-tax holiday for units (100/100/80/70/60/50/40/30/20/10%); duty-free import of capital machinery, construction materials and raw materials; 80% VAT rebate on utility services; 100% foreign ownership; full repatriation of capital, profits and dividends; one-stop services.
Verify eligibility and current terms with the zone authority.
About Bay Economic Zone
Bay Economic Zone, Konabari, Gazipur - operational private EZ of Bay Group (65 acres); ~40% leased; $175m invested; tenants include Bay sportswear and Meigo.
Frequently Asked Questions
What type of zone is Bay Economic Zone?
Bay Economic Zone is a Special Economic Zone.
Where is Bay Economic Zone located?
Bay Economic Zone is located in Konabari, Bangladesh.
When was Bay Economic Zone established?
Bay Economic Zone was established in 2017.
Which governing authority is listed for Bay Economic Zone?
SEZ Explorer records Invest Bangladesh Authority (BEZA merged into it with BIDA and PPPA on 20 Aug 2026, Invest Bangladesh Act 2026) as the governing authority for Bay Economic Zone. Confirm its current jurisdiction and remit with the authority.
Which benefits and incentives are recorded for Bay Economic Zone?
SEZ Explorer's current record lists: 10-year regressive income-tax holiday for units (100/100/80/70/60/50/40/30/20/10%); duty-free import of capital machinery, construction materials and raw materials; 80% VAT rebate on utility services; 100% foreign ownership; full repatriation of capital, profits and dividends; one-stop services. Verify eligibility and current terms with the zone authority.